Wu Blockchain (@WuBlockchain): The U.S. Biden administration has expressed opposition to passing the FIT 21 bill in its current form, saying that the bill in its current form lacks…
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The U.S. Biden administration has expressed opposition to passing the FIT 21 bill in its current form, saying that the bill in its current form lacks sufficient protection for consumers and investors engaged in certain digital asset transactions, but also expressed its desire to… twitter.com/WuBlockchain/s… Quote [@WuBlockchain](https://www.twitter.com/WuBlockchain/status/1792807348932931915) > By the end of this month, the U.S. House of Representatives is going to vote on a major bill (HR 4763). The CFTC would regulate a digital asset as a commodity if it runs is functional and decentralized. The SEC would regulate a digital asset as a security if its associated…